
E319 Top 5 States Looking for Professional Executors
Ranz and Niana
Description
<p>As we’ve spoken about before, Anthony can be your professional executor, <a href= "https://anthonyspark.com/e164-can-i-be-your-executor-in-another-state-outside-new-york/e164-can-i-be-your-executor-in-another-state-outside-new-york_/"> even if you don’t live in New York</a>. We have been seeing many inquires from out of state lately, and these are the top 5 looking for Anthony to be their professional executor. We are located in New York, so we are not including New York inquiries on this list. While this isn’t a scientific study, this is what we are seeing based on our daily calls.</p> <h2>Georgia</h2> <p><img class="aligncenter size-medium wp-image-43863" src= "https://anthonyspark.com/wp-content/uploads/2023/05/Georgia-300x169.jpg" alt="Georgia" width="300" height="169" /></p> <p>First on the list, much to our surprise, is Georgia. Maybe because it is retirement friendly, which we have learned that it is. There is low sales tax, no inheritance tax, low income tax, real estate is “more bang for your buck” compared to other states, and it’s warm and super friendly. Although it is retirement friendly, we aren’t seeing that there is a large network of professional executors there. It works out for Anthony, since he spends most summers in Atlanta and is very familiar with Georgia.</p> <h2>New Jersey</h2> <p><img class="aligncenter size-medium wp-image-43864" src= "https://anthonyspark.com/wp-content/uploads/2023/05/New-Jersey-300x169.jpg" alt="New Jersey" width="300" height="169" /></p> <p>This is less of a surprise, as it’s right across the river. We’ve found that a lot of New Jersey folks seek out New York professionals, thinking they will get a “city caliber” professional. It doesn’t matter where your executor lives, the fee is set by New Jersey state law. So, whether it’s a professional executor or a non-professional such as your nephew, they will get paid exactly the same. So, you may as well get the most for your money. And for Anthony, he’s in New Jersey often, so this is fairly easy for him.</p> <h2>Texa